PNA 0.00% $1.84 panaust limited

uncertain expected news , page-38

  1. 12,085 Posts.
    DULL
    I agree 100%, the next 'wave' for PNA is around 55c, well overdue. Not only as part of the Algo Tr game but because PNA is on track as a good company. I remember reading somewhere in their Annual Report that their earnings were based on 2.50/3.00$/LB for copper, that seems on track, I have not gone back to the start of the financial year for a day by day price check. Put it this way, the price is on the up so the 2010FY will be good for them. Gold is a commodity that does a 'spin' every ten years or so, this time, particularly as a store of wealth against 'GFCs' I thing it will always be a hedge for 'trying times'.
    What is your opinion?. Thanks in advance.
    Please note, the above is just my opinion, always invest based on your stratergy and research. Once again, good luck, not that I think you will need luck with PNA! :)))
 
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